Monthly Archives: November 2020

4 tips to avoid phishing attacks

Once a user identifies a phishing attempt, spreading the word online can assist in the security of everyone’s funds. Many crypto owners fall prey to common crypto theft schemes, including phishing traps. How can the average crypto user identify and avoid these attacks to prevent the potential loss of funds? Know the source Phishing emails are sometimes successful in their attempts to trick users into downloading programs, clicking on something they shouldn’t, or just linking them to a page where they can enter personal information like their seed […]

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MCS Introduces a Market Maker Program With the Best Benefits in the Industry

PRESS RELEASE. Singapore, November 23, 2020 — MCS (MyCoinStory), a fast-growing cryptocurrency derivatives exchange headquartered in Singapore, announced on November 23 that it has officially launched a market maker program. As a latecomer to the industry, MCS claimed that it has prepared unprecedented benefits, in comparison with other exchanges, for its market maker program. As an exchange that uses #Be_a_Trader as its slogan, MCS provides a higher API limits and trading fee advantages above the industry average based on the trading volume so that market makers participating […]

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XRP price rallies 91% in a month due to 3 fundamental factors

XRP price rallied 91% in the past month and data shows these three fundamental factors may be behind the break above the current multi-year range. In the past month, the price of XRP rallied 91% as the digital asset at last found some spark and is now playing catch up with Bitcoin (BTC) and Ether (ETH).  The likely catalysts for the XRP rally are the rise in unique addresses, buybacks from Ripple, and the possibility of a new product realease. XRP/USD weekly chart. Source: TradingView.com Unique XRP addresses […]

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Biden plans for former Fed Chair and noted Bitcoin bear to lead US Treasury

The Biden team looks to Janet Yellen to lead the next administration’s economic policy, which will have to navigate the wreckage left in the wake of the coronavirus. As President-Elect Biden continues to round out his roster of appointees, he has tapped an Obama-era chair of the Federal Reserve to lead his administration’s economic policy. According to a Wall Street Journal exclusive published on Nov. 23, the Biden team plans to nominate Janet Yellen to serve as Treasury Secretary. Obama originally appointed Yellen to the Fed in […]

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SEC Chairman Jay Clayton Explains US Crypto Regulation, Calls Bitcoin a Store of Value

The chairman of the U.S. Securities and Exchange Commission (SEC) has explained how the U.S. government is regulating cryptocurrency. He calls bitcoin a store of value, noting that its rise is driven by the inefficiencies of the current payment system. How Bitcoin Is Regulated in the US SEC Chairman Jay Clayton explained how the U.S. government is regulating bitcoin during an interview with CNBC Squawk Box on Thursday. He began by responding to a comment made by JPMorgan CEO Jamie Dimon regarding bitcoin regulation. Dimon said that […]

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Everything You Need to Use Bitcoin Safely, From Beginner to Expert

This is a promoted article provided by SatoshiLabs. To succeed, Bitcoin must be attractive and intuitive to all kinds of users. Making an ecosystem that serves everyone’s needs equally is a significant undertaking, but it’s made much easier through collaboration. There are four fundamental tiers of user that need to be defined if they are to be protected, each building on the foundations set by the one prior. It is these tiers which will help model the future of the ecosystem, constructed on the principles of security, […]

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Election dilemma: Putting data on blockchain doesn’t mean it’s correct

For the first time ever, the results of a U.S. presidential election have been recorded on a blockchain. But is the data valid? Until recently, the use of blockchain in elections was perceived as nothing more than an experiment. However, during the recent United States presidential election, some tried to turn the public’s perception of the possibilities of blockchain technology. For example, the Associated Press, one of the largest U.S. media outlets, published the election results on the Ethereum and EOS blockchains.  Does this results call, however, […]

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Crypto users speak out on proposed change to FinCEN Travel Rule

“This proposal, if adopted, would prove to be an invasion of privacy.” Since the U.S. Federal Reserve and Financial Crimes Enforcement Network opened a proposed rule to acquire more information on smaller international transactions, many crypto users have labeled the measure as an invasion of privacy. On Oct. 23, the regulatory agencies published a notice of a proposal to modify a long-standing rule in which financial institutions in the United States are required to exchange client information for all international transactions greater than $3,000. The proposal — […]

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Price analysis 11/23: BTC, ETH, XRP, LINK, LTC, BCH, DOT, ADA, BNB, BSV

Bitcoin could consolidate for a few more days as the action shifts to Ether, XRP, and other large-cap altcoins. Bitcoin (BTC) has been leading the current crypto rally for the past few weeks and this has boosted its dominance from 56% on Sep. 3 to 67% on Nov. 18. However, as Bitcoin nears its all-time high, it seems to be losing momentum as the action shifts to the altcoins. This has pulled Bitcoin’s dominance down to about 62.3%.  No long-term bull market can be led by one […]

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XRP shot up 20% today… on old news?

XRP has almost doubled its value over the past week. Ripple’s XRP is rising in price, but the reasons are not entirely clear. Between 11:00 am and 3:00 pm UTC today, XRP gained approximately 20% in value, based on data from TradingView.com. The asset has rallied about 83% total since Friday and is up roughly 98% since Wednesday. XRP’s price rally seemingly lacks any specific news-related catalyst. Information has surfaced regarding the inclusion of Bank of America to Ripple’s payment network, RippleNet, based on a Monday brief from […]

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